Egypt is "firmly committed to addressing its economic and financial challenges," the IMF says,...


Egypt is "firmly committed to addressing its economic and financial challenges," the IMF says, in a joint statement with Egyptian Finance Minister Al-Mursi al-Sayed Hejazy. It now appears a deal between Egypt and the IMF for $4.8B in aid could be finalized within the next month. An agreement would help the country combat an economic crisis characterized by a shortage of foreign currency and fuel and a flagging Egyptian pound (I, II, III).
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Comments (2)
  • wapiti
    , contributor
    Comments (711) | Send Message
     
    should be good for a whopping $.25-50 rally in APA!! BOOYA!! When does this company quit worrying about selling some GOM wells and just sell itself??
    22 Apr 2013, 03:19 PM Reply Like
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    pretty easy to commit to addressing your economic challenges when you get a 4.8 billion loan....just keep em coming...kind of like Greece...free money is well..free money
    22 Apr 2013, 04:41 PM Reply Like
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